BDO Latvia has released the latest annual publication Doing Business in Latvia 2021
11 May 2021
In the BDO Latvia latest annual publication Doing Business in Latvia 2021, which has been prepared for the exclusive use of BDO firms and their clients and prospective clients, we are providing the essential background information on setting up and running a business in Latvia, in compliance with legislation in force as at 29.03.2021.
It is of use to anyone who is thinking of establishing a business in Latvia as a separate entity, as a branch of a foreign company or as a subsidiary of an existing foreign company. It also covers the essential background tax information for individuals considering coming to work or live permanently in Latvia.
The publication describes the business environment in Latvia and covers the most common forms of business entity and the taxation aspects of running or working for such a business. For individual taxpayers, the important taxes to which individuals are likely to be subject are dealt with in some detail. The most important issues are included, but it is not feasible to discuss every subject in comprehensive detail within this format. If you would like to know more, please contact the BDO firms with which you normally deal, who will be able to provide you with information on any further issues and on the impact of any legislation and developments subsequent to the date references.
Regardless of your location, size or international ambitions we can provide effective support as you expand into new areas of the world. In an ever-evolving economic environment, businesses need a global organization that provides exceptional, bespoke service combined with local knowledge and expertise. BDO is uniquely positioned to serve this demand, providing effective support and a truly global integrated global footprint.
Download the full report below.